08/16/2012
In a comment piece in the Financial Times on the decision to split Dubai International Financial Centre Authority (DIFCA) - which governs the financial free zone - into two entities, Dr Habib Al Mulla, said a similar overhaul is needed at Nasdaq Dubai and
08/16/2012
Investors can trade securities listed on ADX through any of its registered brokers and ADX has custody agreements with HSBC, National Bank of Abu Dhabi, Standard Chartered Bank, Deutsche Bank and Citi.
08/15/2012
But the 335-page investigative report into money laundering violations contained a trove of information about HSBC’s dealings in the Middle East, including Iran and Syria.
08/13/2012
Central Bank orders regional banks to meet liquidity requirements from January 2013, in preparation for Basel.
08/12/2012
The DIFC Courts, the English language, common law judicial system based in Dubai, has launched an appeal to all lawyers in the UAE to lend their professional knowledge to help support the Courts' Pro Bono Clinic initiative and servethose in need.
08/09/2012
The move follows allegations the UK bank concealed as much as US$250 billion (Dh918.26bn) in transactions with Iran that violated US sanctions.
08/08/2012
Clifford Chance LLP and Al-Jadaan & Partners have advised HSBC Saudi Arabia Limited on the issuance by SBG Sukuk Limited of its third short-term sukuk, guaranteed by Saudi Binladin Group Limited.
08/08/2012
Fraud inquiry threat to Barclays over Arab bailout
Serious Fraud Office collaborating with City watchdog's investigation into controversial deal
08/07/2012
Claim included in the explanatory notes to a bill that would give the registrar new powers to regulate nonprofits and impose administrative sanctions.
08/06/2012
So, the fund management market needed a proper set of directions.
08/06/2012
Standard Chartered has firmly rejected claims that it “schemed” with Iran to conduct secret transactions worth $250bn (£160bn). Here is its statement in full.
08/05/2012
Regulations should ensure better management of funds through strict investment protection guidelines
08/05/2012
A few days later, his daughter called to tell him something was wrong on his Facebook page.
08/05/2012
The Securities and Commodities Authority (SCA) will apply the new rules to firms based in Dubai International Financial Center (DIFC).
08/05/2012
It labelled UK-based Standard Chartered a "rogue institution".
08/02/2012
The Baker & McKenzie team was jointly led by partners, Ian Siddell, Chris Hogan and Edward Bibko (in relation to US securities law matters) with the assistance of partner Bilal Kahlon and associates Omar Al Ansari and Khalid Zowayed.
08/01/2012
The order follows an interim ruling last month by the same court, which held that AHAB would be entitled to recover at least $2.5bn from Mr Al Sanea.
08/01/2012
Basel I favoured Turkey. As a member of the OECD, Turkish sovereign and bank exposures attracted lower capital charges.
08/01/2012
The companies that disclosed their financial statements did so within the first 31 days of the 45 day deadline. Companies whose securities are listed on the exchange are required to provide ADX with Interim financial reports which are reviewed by the exte
07/30/2012
The embezzlement case, discovered in September 2011, revolved around forged documents allegedly used by the directors of an Iranian investment company to secure loans totaling $2.6 billion to buy state-owned enterprises.